Tagged "congress"
NEWS
General Motors Elects To Pass On US$2 Billion In Federal Funding
While GM has been operating on borrowed funds in recent times, there has been an extensive effort by...
US Government Automotive Task Force To Arrive In Detroit Today
After having spent an undoubtedly gruelling two weeks with President Obama's automotive task fo...
Obama Commits To A 'Retooled' American Auto Industry
US President Barack Obama on Tuesday (US time) addressed a joint session of Congress for the fi...
GM To Seek More Government Aid Or File For Bankruptcy
With the deadline for GM’s restructuring plan due Tuesday US time, reports from the cash-stra...
General Motors To Cut 10,000 Jobs
A severe drop in vehicle sales worldwide and the desperate need to restructure “for long-term viab...
GM To Sell Hummer, Saab, Cut 25,000 Jobs
GM has just outlined its plan for the immediate future to the US Congress in an effort to se...